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9th Jul 2025 10:11China+Daily Monitor

  • The BoK kept the policy rate unchanged in July, citing concerns over trade policy and Seoul’s housing market.
  • The MPB was torn, focusing its decision on trade- induced growth worries versus financial stability risk.
  • We expect the Bank to resume rate-cutting once apartment prices show signs of easing in Seoul.

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Keywords for: 11 July 2025 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence